Property profile

1179 Old Swede Rd Douglassville, PA 19518

OFF-MARKET
Lifestyle centers
Property ID
US73-0856316
19,350 SF 5 ac lot
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Property summary

AI-generated overview

This established, well-maintained community shopping center, totaling 19,350 square feet, presents a prime investment opportunity in Douglassville, Berks County, PA. Strategically located at the intersection of Route 422 (Benjamin Franklin Highway) and Route 662 (Old Swede Road), it benefits from high visibility and significant traffic flow. The center is anchored by a Redner's Warehouse Market, a major regional grocery store, ensuring consistent foot traffic and strong tenant synergy. Currently, there are two available retail spaces ranging from 1,400 to 3,450 square feet, ideal for a variety of businesses. In addition to the main center, two outparcel opportunities exist; one prominently situated on Route 422 and the other conveniently located at the Route 662 entrance. The existing tenant mix includes a diverse range of businesses such as Rite Aid, Fine Wine & Good Spirits, Key Bank, Snap Fitness, Corropolese Bakery & Deli, and Warrick Jewelers, creating a vibrant and thriving retail environment. The property sits on approximately 1.8 to 2 acres of land. This is an exceptional opportunity to acquire a well-positioned retail center with strong existing tenants and significant growth potential. The property offers a blend of established businesses and available spaces, making it an attractive investment for both experienced and emerging investors.

Property profile

Verified
Property type Lifestyle centers
Total area 19,350 SF
Lot 5 ac (217,800 SF)
UPID US73-0856316

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1179 Old Swede Rd Douglassville, PA 19518
Douglassville metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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